JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the MerQube US Large-Cap Vol Advantage Index, maturing on February 16, 2029, in minimum denominations of $1,000.
The notes can pay a contingent interest rate of at least 11.00% per year, or at least 2.75% per quarter, but only when the index closes at or above 60% of its initial value on a review date. If on certain review dates the index is at or above its initial level, the notes are automatically called and pay back principal plus that period’s contingent interest.
Principal is at risk. If the notes are not called and the final index level falls below 50% of the initial value, investors lose 1% of principal for each 1% index decline and can lose the entire investment. The index itself includes a built-in 6.0% per annum daily deduction, which drags on performance. The preliminary estimated value is about $950 per $1,000 note, and will not be less than $930 when finalized, reflecting structuring and hedging costs.
JPMorgan Chase Financial Company LLC is offering uncapped Dual Directional Buffered Return Enhanced Notes linked to the lesser performing of the Russell 2000® Index and the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes offer at least 1.15 times any positive performance of the lesser performing index at maturity and a capped positive return when that index declines by up to the 15.00% buffer. If either index falls by more than 15.00%, principal is reduced 1% for each additional 1% decline, up to an 85.00% loss. The notes pay no interest or dividends, are unsecured obligations subject to the credit risks of JPMorgan Financial and JPMorgan Chase & Co., and will be issued in $1,000 minimum denominations. If priced on the example date, the estimated value would be approximately $977.00 per $1,000 note and will not be less than $900.00 per $1,000 at pricing.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the Class A ordinary shares of On Holding AG, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes run to February 9, 2029 and pay a quarterly contingent coupon at a rate of at least 14.00% per annum if, on a review date, On Holding’s share price is at or above 55.00% of the initial value.
The notes are automatically called, starting May 6, 2026, if the share price is at or above the initial value on a review date, returning principal plus the applicable coupon. If not called and the final share price is below the 55.00% trigger, investors lose 1% of principal for each 1% decline from the initial value and can lose their entire investment. These unsecured notes have an estimated value of about $950 per $1,000 at pricing and at least $930, reflecting embedded costs and hedging.
JPMorgan Chase Financial Company LLC is offering unsecured, unsubordinated structured notes, fully and unconditionally guaranteed by JPMorgan Chase & Co., linked to the least performing of the Dow Jones Industrial Average®, the Russell 2000® Index and the Nasdaq-100 Index® and maturing on March 1, 2029.
The notes can be automatically called on specified Review Dates starting February 24, 2027 if each index closes at or above 100% of its Initial Value, paying back principal plus a call premium of at least 12% to 36% of the $1,000 denomination, depending on the call date.
If the notes are not called and any index finishes below 70% of its Initial Value on the final Review Date, repayment at maturity is reduced one-for-one with the decline of the worst-performing index, exposing holders to loss of more than 30% and up to their entire principal. The notes pay no interest, provide no dividends, and any payment depends on the credit of JPMorgan Financial and JPMorgan Chase & Co.
The indicative estimated value is approximately $953.60 per $1,000 note if priced on the reference date, and will not be less than $900.00 per $1,000 at pricing, reflecting selling commissions, hedging costs and issuer funding assumptions.
JPMorgan Chase & Co. is offering callable fixed rate notes maturing on February 13, 2046. The notes pay interest annually on February 13 at a fixed rate of 5.65% per annum, calculated on a 30/360 day count basis and paid in arrears.
Starting February 13, 2028, and every February 13 and August 13 thereafter to August 13, 2045, the issuer may redeem the notes at par plus accrued interest. The notes are unsecured obligations, not bank deposits, not FDIC insured, and would rank behind subsidiary creditors in a resolution scenario. Selling commissions are up to $47.50 per $1,000 principal, and the public offering price per note is between $950.10 and $1,000.
JPMorgan Chase Financial Company LLC is offering capped digital notes linked to the J.P. Morgan Dynamic Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes target full principal repayment at maturity on March 1, 2029, subject to issuer and guarantor credit risk.
If the Index’s final level is at or above its initial level, investors receive a fixed return of at least 19.50% on the $1,000 denomination, capping upside regardless of how much the Index rises. If the Index ends below its initial level, investors receive only their principal back at maturity.
The underlying Index dynamically allocates between a U.S. large-cap equity futures index and a 2‑year U.S. Treasury futures index, aiming for 3.0% target volatility and charging a 0.95% per annum daily deduction, which drags performance versus a fee‑free portfolio. The notes pay no periodic interest, are unsecured and unsubordinated, and will not be listed on an exchange. The issuer estimates an initial value below the $1,000 price (illustratively about $940.20 per note, with a stated minimum of $900.00 per note), reflecting selling commissions, hedging costs and internal funding assumptions.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the MerQube US Small-Cap Vol Advantage Index, maturing March 4, 2031. The notes pay a contingent interest rate of at least 13.50% per annum, or at least 3.375% per quarter, only when the Index on a review date is at or above 60% of its initial level.
The notes are automatically called, with return of principal plus the applicable interest payment, if on any review date after the first and before the last the Index is at or above its initial level. If held to maturity and the final Index level is at or above 60% of the initial level, principal is repaid plus the final contingent interest. If the final level is below 60%, repayment is reduced one-for-one with the Index loss, and all principal can be lost.
The underlying Index uses leveraged exposure to E-mini Russell 2000 futures and is subject to a 6.0% per annum daily deduction, which drags on performance. The notes are unsecured, unsubordinated obligations, subject to the credit risk of JPMorgan Chase Financial and JPMorgan Chase & Co., offered in $1,000 minimum denominations, with an indicative estimated value of about $927.40 per $1,000, not less than $900.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked individually to the Nasdaq-100, Russell 2000 and S&P 500 indices, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay a contingent interest rate of at least 9.75% per year, credited monthly, but only if on each monthly review date the closing level of every index is at or above 70% of its initial level. If any index is below this barrier on a review date, no interest is paid for that month.
The notes may be automatically called quarterly, starting in August 2026, if all three indices are at or above their initial levels, returning $1,000 per note plus the applicable interest, after which no further payments are made. If the notes are not called and, at maturity in February 2028, every index is at or above 70% of its initial level, investors receive $1,000 per note plus the final interest payment. If any index finishes below 70%, repayment is reduced one-for-one with the decline of the worst-performing index, and investors can lose a significant portion or all of their principal.
The notes are unsecured, unsubordinated obligations of JPMorgan Chase Financial, subject to the credit risk of both the issuer and JPMorgan Chase & Co., offered in minimum denominations of $1,000. If priced on the date of the example, the estimated value would be about $975 per $1,000 note, and will not be less than $900 per $1,000 when finally set, reflecting embedded costs and dealer compensation of up to $5 per $1,000.
JPMorgan Chase Financial Company LLC is offering 3-year notes linked to the J.P. Morgan Dynamic Blend℠ Index, with full principal repayment at maturity subject to issuer and guarantor credit risk. The notes pay a contingent digital return of at least 19.50% per $1,000 if the Index’s final value is at or above its initial value on the observation date; otherwise, investors receive only their $1,000 principal.
The Index dynamically allocates between a U.S. large-cap equity futures index and a 2-year U.S. Treasury futures index, targeting 3.0% volatility and deducting 0.95% per year. The minimum denomination is $1,000 and the estimated value will not be less than $900 per $1,000 note, which may be lower than the price paid.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the Nasdaq-100, Russell 2000 and S&P 500 indices, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay monthly contingent interest between 7.75% and 9.75% per annum if on each review date all three indices close at or above 80% of their initial values.
The notes can be automatically called as early as August 13, 2026 if each index is at or above its initial value, returning principal plus the applicable interest for that date. If the notes are not called and, at maturity, every index is at or above 70% of its initial value, investors receive full principal back plus any final contingent interest.
If at maturity any index is below 70% of its initial value, repayment is reduced one-for-one with the decline of the worst-performing index, and investors can lose most or all of their principal. The notes are unsecured, not FDIC insured, and subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The estimated value is indicated around $949.60 per $1,000 note, and will not be less than $900.00 per $1,000 at pricing, reflecting embedded fees and hedging costs. The document highlights significant risks, including the possibility of no interest payments, limited liquidity, index volatility, conflicts of interest and uncertain tax treatment.